New Heliopolis is a large 5400 acre real estate development located in the satellite city of Shorouk, Cairo Governorate, Egypt. Land for the development was allocated by the Presidential Decree 193/1995 to the Heliopolis Company for Housing and Development, making it the company's largest land allocation since it bought its original 6100 acr…New Heliopolis is a large 5400 acre real estate development located in the satellite city of Shorouk, Cairo Governorate, Egypt. Land for the development was allocated by the Presidential Decree 193/1995 to the Heliopolis Company for Housing and Development, making it the company's largest land allocation since it bought its original 6100 acre plot to build the Heliopolis Oasis in 1905.